Associate, Aperio Portfolio Manager

About this role

About Aperio:

At Aperio (part of BlackRock), our strategies are designed to put our clients’ and their clients’ interests at the center of our investment advice; to minimize costs and taxes; and to align portfolios to each client’s unique values/beliefs. We are purposefully growing our quantitative/direct indexing investment management business specializing in managing customized equity portfolios tax efficiently. At Aperio, we work hard and move quickly as a well-coordinated, collaborative team whose exceptional people are focused on providing extraordinary client service. If you are looking for an opportunity to grow and contribute in a fun, industry-disruptive, fast-paced environment, Aperio is the place for you.

About this Role:

We are looking for a personable Associate Portfolio Manager (APM) to join our Portfolio Management team. The APM will be responsible for portfolio construction and rebalancing as well as investment strategy analysis. Our portfolio managers work with leading-edge portfolio risk and optimization technologies. Ideal candidates must have excellent problem-solving capabilities, a high degree of attention to detail, and strong organizational skills. The position requires solid verbal and written communication aptitude and the ability to work directly with clients on complicated tax- and risk-modeling problems. The APM must be able to manage and prioritize multiple tasks in a time-sensitive environment, be able to take initiative, and be comfortable taking on responsibility.

Key Responsibilities:

• Use quantitative risk models and optimization programs to manage equity portfolios
• Implement electronic security trades and liaise with brokers and custodians
• Provide analytic support for client consulting projects
• Extract and update data from portfolio accounting systems
• Develop and implement process improvements
• Maintain and service relationships with clients

Qualifications:

• Excellent analytical, problem-solving and computer competencies, with an emphasis on quantitative analysis
• Strong Excel skills, including mastery of VLOOKUP, pivot tables, etc.
• Acute attention to detail and proofing
• Demonstrated initiative, a broad perspective, creativity, and good quantitative intuition
• Sound verbal and written communication skills
• Proven ability to manage multiple tasks and projects
• Strong organizational and time management skills
• Bachelor's degree from a 4-year college/university
• Three plus years of relevant finance work experience required
•  Knowledge of securities markets, products, behavior
• Understanding of modern portfolio theory and its application
• Experience with portfolio operations, including custodial relationships, portfolio accounting, performance, and reconciliation
• Familiarity with multi-factor risk models
• Prior work experience in a high-net-worth environment
• Background in client-facing functions
• Experience with SQL and VBA
• Ability to work collaboratively in a team environment

 

For California only the salary range for this position is $109,250 - $130,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their